Japan Data Response Unemployment, Spending & CPI (Jul.) The welcome fall in the unemployment rate in July starts to bring it back in line with the improving trends in other indicators of the health of Japan's labour market. Household spending fell back... 27th August 2010 · 1 min read
Global Economics Update How big an inflation threat are rising food prices? Rising food prices will put some further upward pressure on headline inflation in the US and Europe, but the impact should be smaller than during the 2007/08 shock, and just as temporary. The picture... 25th August 2010 · 1 min read
UK Economics Weekly Gilts right to be sanguine on inflation Our long-standing bullishness on UK government bonds (or gilts) was further borne out last week when ten year yields slipped through our target of 3%. Gilts have been supported by overseas... 23rd August 2010 · 1 min read
UK Data Response UK Consumer Prices (Jul.) July’s consumer prices figures should provide some reassurance that underlying price pressures in the UK economy are finally starting to ease. 17th August 2010 · 1 min read
UK Data Response Core price pressures finally starting to ease July’s consumer prices figures should provide some reassurance that underlying price pressures in the UK economy are finally starting to ease. 17th August 2010 · 1 min read
Asia Economics Update India's Reserve Bank tightening still has far to go Recent India data show that inflation pressures have eased while the gain in industrial production has slowed sharply. External risks have climbed too. Nevertheless, non-food inflation is unlikely to... 16th August 2010 · 1 min read
UK Economics Weekly Is the MPC turning a blind eye to inflation? The distinctly dovish tone of last week’s August Inflation Report begs the question of whether the Monetary Policy Committee is damaging the credibility of the policy framework by deliberately turning... 16th August 2010 · 1 min read
Europe Economics Weekly Strong growth for now, but deflation risk remains The news that euro-zone GDP rose by 1.0% in Q2 confirmed that the economy is performing very well, both by its own and international standards. But this might not last. The recovery is still heavily... 16th August 2010 · 1 min read
UK Data Response Bank of England Inflation Report (Aug.) The Bank of England’s August Inflation Report confirmed that the MPC still expects inflation to fall back sharply once temporary upward forces fade. As such, a policy loosening still looks more likely... 11th August 2010 · 1 min read
UK Data Response Bank of England Inflation Report (Aug.) The Bank of England’s August Inflation Report confirmed that the MPC still expects inflation to fall back sharply once temporary upward forces fade. As such, a policy loosening still looks more likely... 11th August 2010 · 1 min read
China Economics Update Further signs of weakness in July data The economy appears to be slowing more rapidly than anticipated a couple of months ago, according to data released today. China’s government has plenty of room to loosen policy to avoid a hard landing... 11th August 2010 · 1 min read
China Economics Update Inflation Monitor (Jul.) Widespread flooding may have pushed food prices higher last month, but sharp falls in inflation are not too far away. 9th August 2010 · 1 min read
UK Data Response UK Ind. Production (Jun.) & Producer Prices (Jul.) The latest data on UK industry suggest that, for now at least, both activity and cost pressures in the sector remain pretty strong. But there are good reasons for expecting both to weaken somewhat... 6th August 2010 · 1 min read
Emerging Europe Economics Update Russia: repeat of 2007/08 inflation surge looks unlikely Concerns that the current drought in Russia will trigger a surge in food prices and a wider pick-up in inflation are increasing. However, a number of factors suggest that a repeat of the food-driven... 3rd August 2010 · 1 min read
